Clipping of news on Brazilian Culture, Law and Citizenship
11/2/2010
This article was translated by an automatic translation system, and was therefore not reviewed by people.
The chief economist of the PSC, Marcelo Neri, sees the trend growth and better distribution of income this year. "There is a tendency to expand, because I think the entrepreneurs overestimated the crisis before," he said. The evaluation also considers that the basis of last year is low, it helps to have better statistical results this year. Moreover, in election years, like this, it is common for the income increase and improve distribution.
Furthermore, Neri considered alarming loss of 415 thousand jobs in Brazil in December recorded by the General Register of Employed and Unemployed (Caged) of the Ministry of Labor. He said the result should have had negative effects on income in January this year and the fall in employment in December 2008 made the crisis reaches the pockets of Brazil in January 2009. "The beginning of the year is more delicate because of the loss of jobs in December," he said.
In January of last year, all income groups have worsened significantly in December compared to the six main metropolitan areas. The set of classes A and B fell 2.7% and Class C decreased 2.2%. The lower classes increased: the class D rose 3.0% and class E, 6.7%. Classes A and B accounted last year, almost 16% of the population.
After January, however, was the year of recovery and ended relatively well compared to other countries. "The crisis in Brazil was not small wave or tsunami, was a heavy surf in January after the restoration," said Neri. He believes that the economic crisis in Brazil is over. The information is the newspaper O Estado de S. Paulo.
Source: Agência Estado
This article was translated by an automatic translation system, and was therefore not reviewed by people.